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Law Is the Dilemma of Modernity and Capitalism
Law is an institution descended from rituals that occupy the function of both ritual and prohibition in modernity. Law will break precisely where there is no central monopolistic power, namely in international affairs and global trade," he says. In the same way, we understood our legal system by tracing a genealogy to ritual. Let us understand the institution of capitalism and global trade by tracing aGenealogy back to gift-giving.